FER SOE VERT IEEE O ROR TE TEY BNE ETSEM Hott tm FRASER VALLEY REGIONAL LIBRARY Headquarters: W589 IK aie Koad, Abbotia d, British Columbia Vitis 6%; (HOS) B57 8 March 5, 1990 4 i } \ . COUN 3 MAR T° SQ Mayor in Counci] City of Port Coquitlam 2580 Shaughnessy Street Port. Coquitlam, 8.C, V3C 2A8 Dear Mayor Traboulay: At their meeting on February 28th the Fraser Valley Regional Library Board passed the following motion: MOVED Alderman Petors, SECONDED Trugcea Gaete THAT tha Fraser Valley Regional Library Board recommend to their member counedis and ichoel boards that the Fraser Valloy Regional Library Coutinues co use the present funding formula of 50) parcent lagged actual assessment and nd) percen® popularion, with no caps, and further that the latest available population statistics from chs Cantral Statisttes Bureau, Ministry of Financa and Corporate Relations be used to provide population figures for such formula. GARRIED In arder to continue usage of this formula this recommendation must ba approved unanimously by member councils and school boards. The Library Board requests that you vote on the recommendation and forward the result of that vate to me prior to March 26, 1990, Sincerely yours, is é \4 Gordon L. Ray Executive Director CC ~ Alderman W. Stewart Mr. B.R. Kirk